Millennial home buying on the rise in Southwest Florida

Millennials looking for a home do not like Florida and the Fort Myers area. That’s according to a recent study done by LendingTree, but some local real estate experts are not buying it.

According to that study, five cities in Florida landed on its top 10 least-popular cities for millennial home buyers. Fort Myers came in as the second-least favorite.

Area real estate experts feel that the region is doing many proactive things to draw in a younger crowd of homebuyers, many of which are successful.  In fact, 2017 was a good year for millennial home buyers in Southwest Florida. Last year 80 percent of first-time home buyers were actually millennials in the area.

More signs point to growth in young home buyers in our area. Building permits for affordable housing — priced around $250,000 or less — increased by 39 percent in 2017.

Are you a millennial ready to buy in SWFL? Give 9 Core Realty a shout today! We can help.

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